StubHub's IPO Debut and Market Performance Overview
StubHub's IPO raised $800 million, with shares opening slightly above the offering price of $23.50, reflecting strong investor interest in the ticket resale marketplace. The company, which processed over 40 million ticket sales last year and reported a 29.5% revenue increase to $1.77 billion in 2024, faces competition from TicketMaster and others, amid regulatory scrutiny of the ticket resale industry.